New Zealand GDP Beats Expectations But Dairy Weighs

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

By Rebecca Howard WELLINGTON, New Zealand--New Zealand's economy continued to expand in the second quarter but the pace of growth slowed as agriculture, forestry and mining output eased. Gross domestic product rose 0.7% on the quarter in the three months ...

CURRENCIES: Dollar Extends Gains; Pound Wobbles As Scots Go To Polls

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) -- The U.S. dollar pushed higher across the board, hitting a fresh six-year high against the yen in Asia, while the British pound found trading choppy as polling opened in Scotland for the closely ...

China PBOC Cuts 14-Day Repo Rate to 3.50%

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

SHANGHAI--China's central bank cut its 14-day repurchase agreement rate offered Thursday by 20 basis points, guiding market rates lower, after it kept the rate at 3.70% since it resumed offering the 14-day tool late July. "It's the central bank's alternative ...

Sweden Raises Estimate of Second-Quarter Growth

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

By Charles Duxbury STOCKHOLM--Sweden bumped up its estimate for second-quarter growth Thursday, saying higher domestic consumption and fixed investments helped the economy to expand more than previously thought. Sweden's statistics agency said gross domestic product rose 0.7% on the quarter, ...

ASX Offers to Buy 49% Stake in Yieldbroker

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

By Robb M. Stewart MELBOURNE, Australia--Australia's main securities exchange will join a host of banks as an investor in specialist electronic-markets company Yieldbroker, offering to buy a 49% stake for 65 million Australian dollars (US$58 million). ASX Ltd.'s planned shareholding ...

LONDON MARKETS: FTSE 100 Flat As Scots Head To The Polls

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) -- London's benchmark stock index stuck to the flat line on Thursday, with investors not surprisingly sittingon the sidelines ahead of the outcome of the Scottish referendum as voters headed to the polls. The ...

Markets Range-Bound as Scottish Referendum Eyed

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

European shares tentatively tracked gains on Wall Street on Thursday, but all eyes rested on the Scottish referendum, keeping moves in both currency and stock markets range-bound. In early trade, the Stoxx Europe 600 added 0.3%, while Germany's DAX and ...

Sweden's GDP increased 2.6 percent in second quarter 2014

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

Press release from Statistics Sweden 2014-09-18 9:30 AM Nr 2014:482 National accounts, 2nd quarter 2014: Sweden's GDP increased 2.6 percent in second quarter 2014 Sweden's GDP increased 2.6 percent in the second quarter 2014, working-day adjusted and compared with the ...

Brazil to Extend Affordable-Housing Program

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

By Paulo Trevisani BRASILIA--Brazil's Finance Minister Guido Mantega said late Wednesday that the government will extend its massive affordable-housing program. Mr. Mantega said that the program, known as My House, My Life, will be expanded by 350,000 units in early ...

Connecticut Gov. Malloy Releases Tax Returns

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

By Joseph De Avila Connecticut Gov. Dannel Malloy and his wife, Catherine Malloy, owed $65,897 in federal taxes for 2013 on total income of $305,534, according to returns released by his re-election campaign Wednesday. Mr. Malloy, a Democrat, earns $150,000 ...

European Markets Range-Bound as Investors Eye Scottish Referendum

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

By Josie Cox European shares tentatively tracked gains on Wall Street on Thursday, but all eyes rested on the Scottish referendum, keeping moves in both currency and stock markets range-bound. In early trade, the Stoxx Europe 600 added 0.3%, while ...

Swiss August Exports Slip

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

ZURICH--Weaker European demand for Switzerland's pharmaceuticals and chemicals, precision instruments and watches, as well as one work day less, eroded export growth in August. Exports in August fell 3.4% year over year in real terms adjusted for inflation to 14.86 ...

Hong Kong June-August Unemployment Rate 3.3%; In Line With Forecast

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

By Chester Yung HONG KONG--Hong Kong's unemployment rate was unchanged at 3.3% in the three-month period ended August, the Census and Statistics Department said Thursday. The seasonally adjusted jobless rate was unchanged from the May- July period, and was in ...

Fed Plots Cautious Course on Rate Hikes--2nd Update

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

By Jon Hilsenrath The Federal Reserve took two steps toward winding down the historic easy-money policies that have defined its response to the financial crisis, but stopped short of the move markets are awaiting most: signaling when interest rates will ...

Japan Logs Trade Deficit in August

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

TOKYO--Japan logged its 26th straight trade deficit in August, with the growing adverse effects of the weaker yen on import prices continuing to cast a shadow over Prime Minister Shinzo Abe's vision of using a yet-to-be seen surge in exports ...

South Korea to Increase Spending to Boost Growth

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

SEOUL--The South Korean government said Thursday it would increase spending next year by running a wider fiscal deficit in a stimulus effort to boost anemic growth in Asia's fourth-largest economy. The government budget plan for 2015, reported by the finance ...

Swiss August Exports Slip as Demand for Chemicals, Machines Sags

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

By Neil MacLucas ZURICH--Weaker European demand for Switzerland's pharmaceuticals and chemicals, precision instruments and watches, as well as one work day less, eroded export growth in August. Exports in August fell 3.4% year over year in real terms adjusted for ...

Swiss National Bank Reaffirms Currency Floor

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

ZURICH--The Swiss National Bank repeated Thursday that it will intervene in the foreign exchange market to prevent the Swiss franc from surpassing 1.20 against the euro, saying the limit remains the "key instrument" to curb upward pressure on the currency. ...

South Korea Plans Tariff of Over 500% on Rice Imports

TODAY: Sept. 18, 2014 PUB DATE: Sept. 18, 2014

By Kwanwoo Jun South Korea plans to impose a tariff of up to 513% on rice imports to help protect its farmers, months before the country opens up its rice market to foreign competition. Rice imports are a politically sensitive ...